Palm Oil Rises as Rival Edible Oils Gain; Third Weekly Gain in Sight
Malaysian palm oil futures rose on Friday, supported by gains in rival edible oils on the Dalian and Chicago markets. The January contract was on track for a third straight weekly gain.
Malaysian palm oil futures climbed on Friday, supported by advances in competing edible oils on the Dalian and Chicago markets. The contract was on course for a third consecutive weekly gain. The benchmark January-delivery palm oil contract (FCPOc3) on Bursa Malaysia Derivatives Exchange rose 20 ringgit…